Jubran N. Tanious - 01 Feb 2024 Form 4 Insider Report for Savers Value Village, Inc. (SVV)

Role
Officer
Signature
/s/ Richard Medway
Issuer symbol
SVV
Transactions as of
01 Feb 2024
Net transactions value
-$170,200
Form type
4
Filing time
05 Feb 2024, 16:35:49 UTC
Previous filing
26 Jan 2024
Next filing
14 Feb 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SVV Common Stock Options Exercise $7,050 +5,000 $1.41* 5,000 01 Feb 2024 Direct
transaction SVV Common Stock Options Exercise $7,050 +5,000 +100% $1.41* 10,000 01 Feb 2024 Direct
transaction SVV Common Stock Sale $184,300 -10,000 -100% $18.43 0 01 Feb 2024 Direct F1

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction SVV Option (Right to Purchase) Options Exercise $0 -5,000 -1.1% $0.000000 444,552 01 Feb 2024 Common Stock 5,000 $1.41 Direct F2, F3
transaction SVV Option (Right to Purchase) Options Exercise $0 -5,000 -0.82% $0.000000 605,709 01 Feb 2024 Common Stock 5,000 $1.41 Direct F2, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Explanation of Responses:

Id Content
F1 The sale was made pursuant to a 10b5-1 Plan adopted by the reporting person on September 15, 2023.
F2 Options previously granted under the Registrant's 2019 Management Incentive Plan. Each option represents the right to receive upon exercise one share of the Registrant's common stock subject to the applicable vesting and settlement conditions.
F3 The June 12, 2019 stock option grant vests in substantially equal annual installments over five years starting March 28, 2020, until fully vested on March 28, 2024.
F4 The November 1, 2019 stock option grant vests in substantially equal annual installments over five years starting November 1, 2020, until fully vested on November 1, 2024.